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Norway's Energy Minister Terje Aasland attends a press conference in Oslo on Jan. 27, 2025.
Norway's Energy Minister Terje Aasland attends a press conference in Oslo on Jan. 27, 2025.`
Economy

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.

5 hours ago
Companies

Southeast Asia's budget airlines eye recovery but fuel scars linger

The results exposed a squeeze at the heart of the low-cost model: Fuel makes up a larger share of expenses than at full-service airlines, but price-sensitive passengers leave carriers less scope to lift fares without weakening demand.

9 hours ago
Economy

US vows 'economic D-Day' as Iran threatens to halt all oil exports

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system.

14 hours ago

The Latest

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Economy premium

US-China trade war gives Indonesia shot at boosting investment

Combined investment from mainland China and Hong Kong reached US$11.5 billion in H1 2026, nearly three times the $4.1 billion recorded a year earlier.

1 day ago
Regulations premium

Indonesia mulls vehicle-based curb on subsidized fuel

Under the latest plan disclosed by Finance Minister Purbaya Yudhi Sadewa, the government would restrict purchases by those classified in deciles 9 and 10 under the National Socioeconomic Single Data (DTSEN) system.

1 day ago
Economy

Canada retaliates as trade war with US escalates

Negotiations between the neighboring countries broke down Friday in Washington, putting into force new 50-percent US tariffs impacting about $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States.

1 day ago
Economy

US, Canada fail to reach trade pact to avert Trump tariffs

The lack of a final agreement means that new 50-percent duties, set to impact some $20 billion of Canadian exports to the United States, took effect on Saturday.

2 days ago
Companies

Tesla, other automakers begin record vehicle recall in China

Beijing has this year increased oversight of the electric vehicle (EV) industry and introduced tougher safety requirements, as automakers, locked in a fierce price war, roll out technologies in the world's largest vehicle market.

2 days ago
tech

Trump signs memo to help drastically boost US commercial space launches

The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year.

3 days ago
tech

Pluang announces Indonesia’s first agentic trading platform

Agentic trading is a technology for investing through an artificial intelligence assistant that can analyze, research and execute buy/sell actions in an active account, where every transaction requires final user confirmation.

2 weeks ago
tech

‘Vibe Coding’: How Asia’s finance teams are rewriting rules

AI coding agents allow finance teams to build solutions without needing an engineering background, as they only need to define the logic and desired outputs, while the AI writes the code, tests it and connects it to relevant data sources.

2 weeks ago
economy

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's "green battery", Energy Minister Terje Aasland told Reuters.

5 hours ago
economy

US vows 'economic D-Day' as Iran threatens to halt all oil exports

Without detailing specific measures, US Treasury Secretary Scott Bessent signaled Washington would target "fearful nations" that practice "appeasement" by engaging with Iran's economy and financial system.

14 hours ago
economy

Canada retaliates as trade war with US escalates

Negotiations between the neighboring countries broke down Friday in Washington, putting into force new 50-percent US tariffs impacting about $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States.

1 day ago
economy

US, Canada fail to reach trade pact to avert Trump tariffs

The lack of a final agreement means that new 50-percent duties, set to impact some $20 billion of Canadian exports to the United States, took effect on Saturday.

2 days ago
economy

Trump announces temporary tariff relief on ground beef imports

The US president did not say which countries would be exporting the beef but added there was a commitment to sell it at 25 percent below market prices.

2 days ago
companies

Southeast Asia's budget airlines eye recovery but fuel scars linger

The results exposed a squeeze at the heart of the low-cost model: Fuel makes up a larger share of expenses than at full-service airlines, but price-sensitive passengers leave carriers less scope to lift fares without weakening demand.

9 hours ago
companies

Tesla, other automakers begin record vehicle recall in China

Beijing has this year increased oversight of the electric vehicle (EV) industry and introduced tougher safety requirements, as automakers, locked in a fierce price war, roll out technologies in the world's largest vehicle market.

2 days ago
companies

People first: Why human resilience will shape Asia's future

For Randy Lianggara, president of emerging markets Asia at Sun Life, Asia’s future will be shaped not only by economic growth and technology, but by the resilience, adaptability, empathy and human potential of its people

3 days ago
companies

Sekolah Sawit Lestari nurtures future generations, one tree at a time

Students gain practical knowledge and valuable experience as schools implement oil palm education into their curriculum

3 days ago
markets

Iranian oil offers to Chinese buyers fall as US blockade bites

The US re-imposed its blockade of Iran's shipping and ports on July 13 as a deal to halt the war between them broke down in an attempt to cut off oil sales, Tehran's primary source of hard currency.

3 days ago
markets

Asian markets extend rally as traders assess US Treasuries pledge

The lack of progress on reopening the Strait of Hormuz added to unease on trading floors, with oil prices gradually rising over the past two weeks as the United States and Iran remain deadlocked.

3 days ago
markets

Bond yields jump, oil extends gains as US-Iran ceasefire expires

Bond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day, while stocks gave up early gains in Asian trade as a US-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.

6 days ago
markets

Iran defiant on strait as Trump tells Americans to accept high gas prices

Iran called on the United States to accept defeat while President Donald Trump blasted Tehran as "very evil" and told Americans to brace for continued high fuel prices as a result of the war.

1 week ago
markets

Asian stocks set for weekly gain on fading US rate hike wagers

Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations of an imminent US rate hike, although faltering talks to end the war in the Middle East are likely to keep risk sentiment in check.

1 week ago

Today's ePost

Mon, August 24, 2026

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